Solar Helps Hershey Meet ESG Goals
Pennsylvania-based Hershey says its solar development and energy and water optimization projects have sharply reduced its emissions.
Market Snapshot: Week of November 21, 2022
Natural Gas Headlines: Henry Hub The 12-Month natural gas futures strip closed at $5.41 per MMBtu, an increase of $0.01 per MMBtu compared to the prior week. Additionally, the 12 Month strip increased by $0.01, the 2023 strip decreased by $0.00; the 2024 strip increased by $0.02, and the 2025 strip increased by $0.05. Natural…
DetailsGreat Lakes Green Shipping Corridor
American and Canadian officials announced plans to establish a green shipping corridor along the Great Lakes and St. Lawrence River that relies on zero-emission fuels and technologies to reduce or eliminate emissions. https://www.nny360.com/news/stlawrencecounty/great-lakes-st-lawrence-green-corridor-initiative-announced-at-u-n-conference/article_4f40d19a-39b9-508b-aece-e91dfc3bf28f.html
DetailsEIA: US Heating Oil Prices 65% Higher
U.S. heating oil prices were 65% higher this October than in October of last year, according to our Heating Oil and Propane Update (HOPU). Residential heating oil prices rose to an annual high of $5.90 per gallon (gal) on November 7, 2022, because of tight inventories, low imports, and limited production capacity. The complete story >>
DetailsColumbia Gas Plans To Add $20 to Bills
Critics say an Ohio gas utility’s plan to raise fixed costs by up to $20 a month is “obscene” and would hit ratepayers twice on top of skyrocketing fuel costs.
EIA: Natural Gas Exports Set Record
U.S. natural gas exports established a new record in 2021, averaging 10.5 billion cubic feet per day (Bcf/d). This volume was driven by record LNG exports, including significant delivery growth to Asia and Europe. Also, growing volumes of U.S. LNG have been imported into Europe to build up storage inventories in Europe, which were low…
DetailsMarket Snapshot: November 14, 2022
Electricity Headlines: Forward Power Price Forward power prices were down in all regions besides ERCOT and CAISO which saw increases of 3.3%-4.1% and 3.2%-3.5%, respectively. MISO prices fell 1.3%, and PJM fell between 0.8%-.0.9% The EIA reported that U.S. electricity customers averaged seven hours of power interruptions in 2021 Weather: Outlook for November 14-20: Colder…
DetailsOhio House Bill Six: Latest Headlines in Larry Householder Trial
Attorneys for former House Speaker Larry Householder seek to block the admittance of a deferred prosecution agreement involving FirstEnergy as evidence during his upcoming racketeering trial. #ohio #hb6 #ohioenergynews
DetailsDominion Energy Considers Sell of Cove Point
As Dominion Energy looks to reverse several years of underperforming stocks, the utility reportedly may sell its shares in the Cove Point liquefied natural gas facility in Maryland’s Chesapeake Bay.
